FundedIQ

Funded Startups in Ecuador

Across these 12 most recent Ecuador rounds, the largest disclosed amount is Kushki’s $86M (2021-06-01), which dwarfs the next-largest disclosed rounds in t…

Across these 12 most recent Ecuador rounds, the largest disclosed amount is Kushki’s $86M (2021-06-01), which dwarfs the next-largest disclosed rounds in the list: Construex’s $4M (2023-07-20) and several $3M-ish rounds such as Kamina’s $3M (2024-02-01) and Orbik Cybersecurity’s $2M (2026-05-19). Size also compresses toward the lower end: the only sub-$1M disclosed rounds are Databits at $600K (2023-09-12) and Nina Energy at $270K (2025-10-16).

The entries cluster by time rather than evenly: six of 12 rounds fall between 2023-07-20 and 2024-07-01 (Construex, Geforest, Databits, Construex, Kuri, Kamina, plus earlier/later neighbors in that window), while the list also spans a long temporal edge from 2021-06-01 to the most recent 2026-05-19 (Orbik Cybersecurity). Sector-wise, Artificial Intelligence (AI) appears in three entries (Jelou.ai on 2025-11-13 at $10M; Iterait on 2024-01-04 as undisclosed; Databits on 2023-09-12 at $600K), and both “undisclosed” and “Series Unknown” show up multiple times (undisclosed amounts: 3; Series Unknown classifications: 2).

Most recent rounds

12 shown

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Frequently asked

Which disclosed round is an outlier in this Ecuador set, and what’s the next step down?

Kushki’s disclosed $86M on 2021-06-01 is the outlier, with the next-largest disclosed amounts much lower (Construex $4M on 2023-07-20, Kamina $3M on 2024-02-01, and Orbik Cybersecurity $2M on 2026-05-19).

Do rounds cluster into a specific time window across these 12 rows?

Yes. Six entries have round dates between 2023-07-20 (Construex) and 2024-07-01 (Kuri), including Geforest (2023-03-20, undisclosed) just outside that window and Databits (2023-09-12, $600K), Iterait (2024-01-04, undisclosed), and Kamina (2024-02-01, $3M) within it.

How concentrated are locations, and are there repeating city patterns?

Quito and Guayaquil appear repeatedly: Quito shows multiple entries (Nina Energy 2025-10-16, Kamina 2024-02-01, Iterait 2024-01-04, FastFarma 2021-12-12, Kushki 2021-06-01), while Guayaquil also repeats (Drex 2026-03-04, Jelou.ai 2025-11-13). Cuenca appears twice (Kuri 2024-07-01, Geforest 2023-03-20).

What’s the AI-related footprint, and does disclosed funding differ within that subgroup?

Artificial Intelligence appears in three entries: Jelou.ai (2025-11-13, $10M) and Databits (2023-09-12, $600K) both have disclosed amounts, while Iterait (2024-01-04) is undisclosed. That makes disclosed outcomes in the AI set range from $600K to $10M, with one missing disclosure.

How much of the list is missing disclosure or uses non-specific stage labeling?

Three rows show “undisclosed” amounts (Drex 2026-03-04; Kuri 2024-07-01; Iterait 2024-01-04). Two rows use “Series Unknown” as the stage label (Jelou.ai is “Venture - Series Unknown” on 2025-11-13; Construex is “Series Unknown” on 2023-07-20).

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